The markets know that “investment” would become everything because “we need money for running the NHS/schools/etc just for this year. We will be good next year.” (View Post)

If you want to borrow billions of other people’s money, you have to negotiate the interest rate with them. I get that this upsets people who want to borrow without end. If you don’t want to give mark… (View Post)

How many political parties in Canada are advocating magic money tree, as opposed to fiscal restraint? (View Post)

The markets are pricing in the fact that everyone in current politics, other than the current PM/Chancellor is either magic money tree’ers or populists who will balloon the debt (see US) (View Post)

Oh sure. The same mentality at work. But the ID card schemes become attempts to speed run decades of this. Every time. (View Post)